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to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow. liz: shares of best buy on the move to be profit expectations lee janzen analyst at janney montgomery scott, you were on a conference, what did you hear that surprise you? >> 18 months ago this country everyone thought was going out of business, actually argued today. and hybrid models are out there that the investments they make, the ones they're working on, making tough to compete with online. liz: will they have o downstairs' their retail store even more? >> they have markets where they have more density of stores than they need and over time it is inevitable that will happen. there taking hours out of the store because 12% of their business is now online. some productivity you don't need as much investment in energy and a. liz: the chart looks negative, the stock fell off a cliff. you sound positive. is there an opportunity? >> it is an opportunity. proof of concept will come in queue 4. even though they had lower number
on the energy front. we have to realize a pristine environment can come at a very high, if not unacceptable cost. >> yeah. brian, in terms of safe guarding your investments as we watch this unfold, what do you do? what's your plan? >> i would have no problem telling people to actually sell into the weakness. why is that? because this headline risk can morph into fundamental risk. melissa: really? you want to sell into the weakness. >> yes because i'm not, i don't have that signal yet that the sell something over if i wake up tomorrow, i see all the negative pictures, many people other than starbucks. costs $250,000 to open a starbucks in russia. that is risk to their results nobody is thinking about. melissa: judy what is your prediction what putin will do? those forecast that he will get much worse as he spreads his power out? >> i think it depends on the calculation he makes about the financial, military reputational price he would have to pay if he proceeds further. he is a very calculating guy. he doesn't take reckless risks. he takes risks. this one if he is convinced there will be a too hi
. the regulators are starting to look at it but overall it does show that as we move to a new environment where regulators are getting more involved we will have a regulatory scheme around bitcoin, hopefully we will have a shaking out where the firms that are doing it right and doing get better and protecting consumers and protecting against money-laundering will survive and proliferate. melissa: of fundamental problem if you have someone as well known as mount gox which was synonymous with bitcoin and a little teeny guy, flex:getting wiped out by hackers that is a serious problem. how do you solve that? does their need to be some sort of deposit insurance? how do you deal with that? >> if it is a hacker problem is a question of cybersecurity. is a problem not just for bitcoin but all our institutions. we regulate all need to have appropriate safeguards in place to deal with packers. melissa: your deposits are insured so that is why i ask the question do you need some protection? >> insurance may ultimately be a way to go but also just having a regulatory framework, having a regulator on premis
Search Results 0 to 2 of about 3